Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) Sees Significant Drop in Short Interest

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,131 shares, a decrease of 38.6% from the April 30th total of 13,236 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 89,180 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund

Hedge funds have recently made changes to their positions in the stock. Heritage Wealth Advisors purchased a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $29,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Cohen & Steers Total Return Realty Fund by 36.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 979 shares in the last quarter. Sage Investment Counsel LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $110,000. CoreCap Advisors LLC grew its position in shares of Cohen & Steers Total Return Realty Fund by 17.7% in the fourth quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $128,000. 20.42% of the stock is currently owned by hedge funds and other institutional investors.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of NYSE RFI traded up $0.11 during mid-day trading on Thursday, hitting $11.25. The company had a trading volume of 42,227 shares, compared to its average volume of 102,754. Cohen & Steers Total Return Realty Fund has a 1 year low of $10.78 and a 1 year high of $12.18. The stock’s 50-day moving average price is $11.35 and its 200-day moving average price is $11.32.

Cohen & Steers Total Return Realty Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $0.08 dividend. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 8.5%.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research?driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.